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3544 East Brown Road

Essential Capital Advisors And ParaSell Inc. Facilitate $8.8 Million Sale Of Mesa School Property
SOLDSchool

Essential Capital Advisors And ParaSell Inc. Facilitate $8.8 Million Sale Of Mesa School Property

3544 East Brown Road

$8,800,000

$595/SF

Building Size

14,772 SF

Asset Type

School

Closing

Feb 27, 2026

AI

The property involved in this transaction is a school asset located at 3544 East Brown Road in Mesa, AZ. The sale was completed on February 27, 2026, with a transaction price of $8,800,000 for a building encompassing 14,772 square feet. The property sits on a 0.93-acre lot, reflecting a price per square foot of $596.

Summary of transaction details:

  • Property Type: School
  • Transaction Amount: $8,800,000
  • Address: 3544 East Brown Road
  • Market: Mesa, AZ
  • Square Footage: 14,772
  • Price per Square Foot: $596
  • Acres: 0.93

Scott Reid from ParaSell Inc. and Milo Spector from Essential Capital Advisors were the brokers facilitating this transaction. Essential Capital Advisors and ParaSell, Inc. played key roles in showcasing the strong investor demand for childcare assets, particularly those leased to corporate tenants such as Busy Bees Child Care.

Players

Milo Spector

Essential Capital Advisors

Broker

$42.3M

vol

6 deals

Broker

Mesa School Market Snapshot

Boundary boundary · School · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.80%

Cash-on-Cash

-0.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93